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Agriculture
Intelligence Report

Paul Kindinger

Recent Posts

May 22, 2023

Precision Ag Gets a Boost for Satellite Services

House lawmakers are giving a boost to precision agriculture, advancing a bill to improve satellite services for producers.

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May 22, 2023

U.S. Producers Benefit from Ukraine-Russia War

An economist says the Ukraine-Russia war is affecting commodity markets, and U.S. farmers will benefit from it.

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May 22, 2023

Certified Angus Beef Expands Offering with Grass-Fed

Certified Angus Beef (CAB) has launched a new product to meet evolving consumer demands.  The organization has partnered with Niman Ranch to include grass-fed beef as part of its offering.

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May 22, 2023

Ag Groups Endorse SAVE Act

Multiple agricultural trade organizations are pushing Congress to approve the Safeguarding American Value-Added Exports Act introduced by both the House and the Senate. Known as the SAVE Act, the bill would amend the Agriculture Trade Act of 1978 to define common names for agriculture commodities,...

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May 22, 2023

Vintage Pickups Raise Over $181K to Support FFA

The average age of a U.S. farmer today is 57 years old. The importance of continuing to support young, beginning and small producers as they grow and learn the complex and dynamic business of agriculture is a value that companies like American AgCredit embrace. 

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May 19, 2023

U.S. Sales of Combines and 4WD Tractors Continue to Grow

Combine harvesters in the U.S. continue to grow, according to the latest data from the Association of Equipment Manufacturers (AEM).

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May 19, 2023

Milk Prices Near Bottom for 2023

Milk prices are expected to start rising again by the end of June and should peak at $20.50 per cwt by the end of summer, according to economist Dan Basse, President of AgResources Co. 

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May 16, 2023

Prop 12 Reactions: From Hogwash to Delight

“Iowa is the nation’s top pork producer. California comes nowhere close, yet its proposed regulations put restrictions on how pork producers in all other states raise hogs. 2day SCOTUS upholds California’s radical regs, its hogwash,” U.S. Senator Chuck Grassley tweeted.

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May 16, 2023

Kansas City Fed Reports Strong Ag Credit Conditions

Agricultural credit conditions in the Tenth Federal Reserve District remain strong and farm real estate values continue to increase, but growth has softened slightly. Farmland values continue to increase despite downward pressure from higher interest rates. While improvement in farm finances and...

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May 16, 2023

FAO Makes Case for ‘Essential Source of Nutrients’

According to a new report issued recently by the UN’s Food and Agriculture Organization (FAO), some consumers may choose veganism, or a pescatarian diet, but meat, eggs and milk, offer crucial sources of much-needed nutrients which cannot easily be obtained from plant-based foods.

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May 16, 2023

Texas Cattle Feeding Ponzi Scheme Exposed

USDA urges individuals involved to file Dealer Trust claims immediately.

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May 8, 2023

2022 U.S. Ag Exports Highest on Record

Last week, the USDA's Foreign Agricultural Service (FAS) released its 2022 U.S. Agricultural Export Yearbook, a statistical summary of U.S. agricultural commodity exports. This update includes highlights from the report, with a focus on corn, soybeans and wheat.The Yearbook stated that, "In 2022,...

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May 8, 2023

DTN Survey Shows Fertilizer Prices Are Well Below Last Year’s

Most average retail fertilizer prices continued to be down from the previous month in the fourth week of April 2023, according to sellers surveyed by DTN.Prices for seven of the eight major fertilizers were lower compared to March. DTN designates a significant move as anything 5% or more.

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May 8, 2023

Farmer Sentiment Rallied 6 Points in April

Farmer sentiment improved in Aprilas the Purdue University/CME Group Ag Economy Barometer rose 6 points to a reading of 123. Both of the barometer’s sub-indices were also higher in April, the Current Conditions Index was up 3 points to 129 and the Future Expectations Index was up 7 points to 120. A...

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May 8, 2023

Chapter 12 Farm Bankruptcies at Their Lowest Level  Since 2004

In 2022, the Chapter 12 bankruptcy rate reached the lowest level in nearly two decades, 0.78 bankruptcies per 10,000 farms. Under Chapter 12 bankruptcy, a financially distressed family farmer can propose and carry out a plan to repay their debts fully or partially, and the total number of these...

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